539 Congress St Troy, NY 12180
The Hill NeighborhoodEstimated payment $3,111/month
About This Home
539 Congress Street is a fully leased, by-the-bedroom student rental on The Hill in Troy, a 2-minute walk to RPI Campus Commons. All nine furnished bedrooms are leased for the 2026-27 academic year at $5,690/month ($68,280/year) across nine individual leases, meaning day-one cash flow. At the $475,000 ask, the property trades at a 10.0% in-place cap rate ($52,778 per bed), a 7.0x GRM, and a 1.76x DSCR at 75% leverage with a 15.4% cash-on-cash return. The building itself is a beautiful brick building with 3 units - one 1-bedroom, and two 4-bedroom units. The units have hardwood floors, come fully furnished, and the common space in the backyard is a great amenity. Listing agent has an ownership interest. Seller will choose the title company for this transaction! Buyer is encouraged to perform their own inspections.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,067
Year Built
- Built in 1920
Lot Details
- 7,841 Sq Ft Lot
Home Design
- Rubber Roof
Interior Spaces
- 3,366 Sq Ft Home
- 3-Story Property
- Furnished
- Wood Flooring
- Oven
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,885 | $126,000 | $9,500 | $116,500 |
| 2024 | $5,885 | $126,000 | $9,500 | $116,500 |
| 2023 | $6,540 | $126,000 | $9,500 | $116,500 |
| 2022 | $4,683 | $126,000 | $9,500 | $116,500 |
| 2021 | $922 | $81,000 | $9,500 | $71,500 |
| 2020 | $1,865 | $81,000 | $9,500 | $71,500 |
| 2019 | $2,649 | $81,000 | $9,500 | $71,500 |
| 2018 | $2,649 | $81,000 | $9,500 | $71,500 |
| 2017 | $2,637 | $81,000 | $9,500 | $71,500 |
| 2016 | $3,486 | $81,000 | $9,500 | $71,500 |
| 2015 | -- | $81,000 | $9,500 | $71,500 |
| 2014 | -- | $81,000 | $9,500 | $71,500 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/20/2026 08/20/26 | For Sale | $475,000 | +31.9% | $141 / Sq Ft | |
| 09/03/2024 09/03/24 | Sold | $360,000 | 0.0% | $107 / Sq Ft | View Prior Sale |
| 07/15/2024 07/15/24 | Pending | -- | -- | -- | |
| 07/08/2024 07/08/24 | For Sale | $360,000 | +71.4% | $107 / Sq Ft | |
| 10/22/2021 10/22/21 | Sold | $210,000 | 0.0% | $62 / Sq Ft | View Prior Sale |
| 06/18/2021 06/18/21 | For Sale | $210,000 | 0.0% | $62 / Sq Ft | |
| 06/18/2021 06/18/21 | Off Market | $210,000 | -- | -- | |
| 06/17/2021 06/17/21 | For Sale | $210,000 | -- | $62 / Sq Ft | |
| 06/17/2021 06/17/21 | Pending | -- | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $360,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $210,000 | None Available | |
| Deed | $400 | -- | |
| Deed | $25,000 | Mary Christa Gorga | |
| Deed | $70,958 | None | |
| Deed | $45,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $288,000 | Purchase Money Mortgage | |
| Closed | $157,500 | Purchase Money Mortgage | |
| Previous Owner | $64,000 | Unknown | |
| Previous Owner | $67,425 | Unknown | |
| Closed | $68,000 | Unknown |
Source: NY State MLS
MLS Number: 11943498
APN: 1700-101.79-3-28
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